now THIS is interesting.
The debt panel advising President Obama is set to recommend in a draft that Social Security and Medicare be cut as a way of lowering the deficit.
The panel also calls for the retirement age to be raised by one month every two years after it reaches 67, "meaning the normal retirement age would reach 68 in about 2050 and 69 in about 2075."
More points in the plan: "Strengthen Social Security for the long haul by returning the system to sustainable solvency. ... Prevent the 22% across the board benefit cut projected to occur in 2037. ... Reduce elderly poverty by putting into place a new, effective special minimum benefit."
1. this is hardly enough and
2. at least this gets the discussion going and the ball rolling.